Geneva - PricewaterhouseCoopers (PwC) and the World Business Council for Sustainable Development (WBCSD) have launched the Sustainable Forest Finance Toolkit, which aims to support the finance sector in progressing towards the sustainable financing of industries impacting forests.

It provides financial institutions with guidance in client acceptance procedures, portfolio management, designing a clear and pragmatic forestry policy and the creation of internal procurement policies for forestry products.

The toolkit has undergone extensive stakeholder review involving leading banks, forestry industry companies, non-governmental organizations, certification bodies, governments, investors, asset managers and multilateral institutions.

The toolkit is available for download as a complimentary resource at: www.pwc.co.uk/forestfinancetoolkit .

For more information contact Chris Knight, PwC or James Griffiths, WBCSD